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...... J i -B ' . -!, . , . ' ; ? - 3 PC Tuesday, February 19, 1985 Weber State College Vol. 45 No.33 t w ss & "" i'S"' S Sen. Hatch Promotes U.S. Market Economy by Rae Dawn Olbert Managing Editor : Utah Senator Orrin Hatch was on campus Friday speaking before a capacity crowd in the Smith Lecture Hall of the Wattis Business Building. In conjuntion with the School of Business Week, Hatch spoke on "The Importance of Management in American Business." Hatch said he sees a constant battle in Washington between "the forces who would lead our economy into a socialist stagnation and those forces suporting the free market which has served us so well in the past by giving our nation a high standard of living." , He said the United States is a world leader because of the free market system, an abundance of resources, and most importantly, the management skills of American business. Hatch feels there is a "dangerous bias toward the governmentpolice approach by too many policymakers in Washington. There is a constant pressure in our nation's capital to replace the concept of surviving through efficient service with the concept of centralized control from Washington." He said the arguments for central planning are deceptive. He said other countries' policies, such as Japan, which provide for careful direction of investment and marketing, have increased their industrial capacity at a much faster rate than the U.S. . However, he said, in Japan most government funds are provided for urban and regional development, or for environmental protection and the standard infrastructure requirements, and not to the manufacturing industries. He said the porportion of government loans to Japanese industries is . miniscule. "It is now coming to light that government efforts 1 at central planning in Japanese industry appear to 5 i i . 1 I V i 1 - .? Adele Herman, WSC business professor, presents Senator Orrin Hatch with a plaque honoring him as the have been gigantic mistakes," Hatch said. He said one example is the Japanese governmental planning agencies who attempted to keep Honda from going into the automobile business, and instead encouraged Japanese industry to pursue coal mining, agriculture, and public railways. "Another assumption that encourages us to abandon the market system is that the recent experiment with taxpayer subsidies for the Chrysler Corporation was a success," said Hatch. He said this provides an example for a national policy of "bailing out firms which find themselves out of touch with economic reality." Signpost photoJeff Bybee first speaker in the School of Business Distinguished Lecture Series. Hatch said while the Chrysler Corporation's current profits seem to indicate a comeback has been achieved, "a closer look at the financial details of the corporation tells another story." He said a fair amount of the recents profits are due to a large loss carry-forward generated in the economically troubled years of 1979, '80 and '81. He said Chrysler has reduced research and development spending, which means that in the long run, competitiveness and innovation are at risk. "Also, there has been a sacrifice of long-term capital investment by the corporations as a means of see "Promotes" on page 2. Shooting for IP College Looks To Increase Aon- Resident Enrollment by David C. Wright Staff Reporter Weber State would like to increase its non-resident student enrollment to approximately 10 percent of the total student population, according to Dr. Emil Hanson, assistant vice president for academic services. Weber does not maintain a certain ratio of non-residents to residents, said Hanson. The reasons behind the hoped-for increase are twofold: to better utilize the residence halls, and "more importantly," said Hanson, "1 think is the cultural aspect of it. I think a broader cultural base on campus is important to a person's education. It's important to share cultures and background." Current non-resident enrollment at WSC is 539 students, or 6.2 percent of the student population. The $226 in tuition paid by students each quarter represents 18 percent of the total cost of that quarter's education. Non-residents pay nearly triple that amount in tuition. "If the student grew up in another state and their parents never paid income tax in Utah, they send their child across the border to go to school; they're not footing their fair share of the bill," said Hanson. According to Hanson, the extra tuition paid by non-residents is not used for any specific purpose. It is sent to the state with all tuition revenues, and then redistributed back to the college. Hanson said the school, and ultimately the students, would benefit from having more students live in the residence halls because of the extra revenue generated. Many of Weber's non-resident students are athletes, attending WSC on scholarships. Hanson said approx- see "Looks" on pai;' 3. i - ; vi Gina Luque models traditional "Spanish Saturday night. The banquet featured food dress during the international banquet and fashion from many cultures.

Public Domain. Courtesy of University Archives, Stewart Library, Weber State University.

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...... J i -B ' . -!, . , . ' ; ? - 3 PC Tuesday, February 19, 1985 Weber State College Vol. 45 No.33 t w ss & "" i'S"' S Sen. Hatch Promotes U.S. Market Economy by Rae Dawn Olbert Managing Editor : Utah Senator Orrin Hatch was on campus Friday speaking before a capacity crowd in the Smith Lecture Hall of the Wattis Business Building. In conjuntion with the School of Business Week, Hatch spoke on "The Importance of Management in American Business." Hatch said he sees a constant battle in Washington between "the forces who would lead our economy into a socialist stagnation and those forces suporting the free market which has served us so well in the past by giving our nation a high standard of living." , He said the United States is a world leader because of the free market system, an abundance of resources, and most importantly, the management skills of American business. Hatch feels there is a "dangerous bias toward the governmentpolice approach by too many policymakers in Washington. There is a constant pressure in our nation's capital to replace the concept of surviving through efficient service with the concept of centralized control from Washington." He said the arguments for central planning are deceptive. He said other countries' policies, such as Japan, which provide for careful direction of investment and marketing, have increased their industrial capacity at a much faster rate than the U.S. . However, he said, in Japan most government funds are provided for urban and regional development, or for environmental protection and the standard infrastructure requirements, and not to the manufacturing industries. He said the porportion of government loans to Japanese industries is . miniscule. "It is now coming to light that government efforts 1 at central planning in Japanese industry appear to 5 i i . 1 I V i 1 - .? Adele Herman, WSC business professor, presents Senator Orrin Hatch with a plaque honoring him as the have been gigantic mistakes," Hatch said. He said one example is the Japanese governmental planning agencies who attempted to keep Honda from going into the automobile business, and instead encouraged Japanese industry to pursue coal mining, agriculture, and public railways. "Another assumption that encourages us to abandon the market system is that the recent experiment with taxpayer subsidies for the Chrysler Corporation was a success," said Hatch. He said this provides an example for a national policy of "bailing out firms which find themselves out of touch with economic reality." Signpost photoJeff Bybee first speaker in the School of Business Distinguished Lecture Series. Hatch said while the Chrysler Corporation's current profits seem to indicate a comeback has been achieved, "a closer look at the financial details of the corporation tells another story." He said a fair amount of the recents profits are due to a large loss carry-forward generated in the economically troubled years of 1979, '80 and '81. He said Chrysler has reduced research and development spending, which means that in the long run, competitiveness and innovation are at risk. "Also, there has been a sacrifice of long-term capital investment by the corporations as a means of see "Promotes" on page 2. Shooting for IP College Looks To Increase Aon- Resident Enrollment by David C. Wright Staff Reporter Weber State would like to increase its non-resident student enrollment to approximately 10 percent of the total student population, according to Dr. Emil Hanson, assistant vice president for academic services. Weber does not maintain a certain ratio of non-residents to residents, said Hanson. The reasons behind the hoped-for increase are twofold: to better utilize the residence halls, and "more importantly," said Hanson, "1 think is the cultural aspect of it. I think a broader cultural base on campus is important to a person's education. It's important to share cultures and background." Current non-resident enrollment at WSC is 539 students, or 6.2 percent of the student population. The $226 in tuition paid by students each quarter represents 18 percent of the total cost of that quarter's education. Non-residents pay nearly triple that amount in tuition. "If the student grew up in another state and their parents never paid income tax in Utah, they send their child across the border to go to school; they're not footing their fair share of the bill," said Hanson. According to Hanson, the extra tuition paid by non-residents is not used for any specific purpose. It is sent to the state with all tuition revenues, and then redistributed back to the college. Hanson said the school, and ultimately the students, would benefit from having more students live in the residence halls because of the extra revenue generated. Many of Weber's non-resident students are athletes, attending WSC on scholarships. Hanson said approx- see "Looks" on pai;' 3. i - ; vi Gina Luque models traditional "Spanish Saturday night. The banquet featured food dress during the international banquet and fashion from many cultures.